Plains Gp Holdings (PAGP) Tax Rate (2012 - 2026)
Plains Gp Holdings' (PAGP) quarterly Tax Rate came in at 55.73% in Q2 2026, up 4875.0% year-over-year from 1.12% in Q2 2025, and down 14.08% quarter-over-quarter from 64.86% in Q1 2026.
Analysis
Plains Gp Holdings (PAGP) Tax Rate (2012 - 2026) Analysis & Trends
Plains Gp Holdings (PAGP) has reported Tax Rate for 15 consecutive years, with 55.73% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 4875.0% year-over-year to 55.73% in Q2 2026; TTM through Jun 2026 was 31.67%, a 2215.0% increase from a year earlier, with the FY2025 full-year figure at 6.59%, down 628.0% from the prior year.
- Tax Rate was 55.73% for Q2 2026 at Plains Gp Holdings, down from 64.86% in the prior quarter.
- Over five years, Tax Rate peaked at 64.86% in Q1 2026 and troughed at 2.72% in Q4 2023.
- A 5-year average of 17.75% and a median of 14.37% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 2502 bps in 2025 and soared 5662 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 7.81% in 2022, then tumbled by 135 bps to 2.72% in 2023, then jumped by 1204 bps to 30.0% in 2024, then sank by 83 bps to 4.98% in 2025, then surged by 1018 bps to 55.73% in 2026.
- The last three Tax Rate figures came in at 55.73% (Q2 2026), 64.86% (Q1 2026), and 4.98% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 23.33% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.64% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.12% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 5.85% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.61% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 0.18% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 23.62% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 21.97% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 21.47% |
| 10 | Plains Gp Holdings | 5.52 Bn | 4.46 Bn | 1.14 Bn | 55.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.73% |
| Mar 31, 2026 | 64.86% |
| Dec 31, 2025 | 4.98% |
| Sep 30, 2025 | 6.55% |
| Jun 30, 2025 | 6.99% |
| Mar 31, 2025 | 8.25% |
| Dec 31, 2024 | 30.00% |
| Sep 30, 2024 | 8.78% |
| Jun 30, 2024 | 18.39% |
| Mar 31, 2024 | 14.56% |
| Dec 31, 2023 | -2.72% |
| Sep 30, 2023 | 8.37% |
| Jun 30, 2023 | 14.40% |
| Mar 31, 2023 | 15.78% |
| Dec 31, 2022 | 7.81% |
| Sep 30, 2022 | 23.50% |
| Jun 30, 2022 | 18.98% |
| Mar 31, 2022 | 14.34% |
| Dec 31, 2021 | 17.35% |
| Sep 30, 2021 | 42.53% |